Analyst John Bollinger Foresees More Consolidation For Bitcoin

In the last week, the price of Bitcoin took a significant nosedive, recording a 7% loss to trade as low as $59,478. According to data from CoinMarketCap, Bitcoin attempted a rebound following this dip but has since been stuck in consolidation between $60,100 – $62,300. Commenting on this development, John Bollinger, inventor of the Bollinger Bands, a popular technical momentum indicator, has... source: https://www.newsbtc.com/news/bitcoin/analyst-john-bollinger-foresees-more-consolidation-for-bitcoin/